Neuberger Berman Commemorates Firm's 75th Anniversary With Annual "Celebration with Service" 2014 Global Projects Included School, Park and Home Revitalization, Career Counseling and Literacy Efforts

NEW YORK, May 16, 2014 /PRNewswire/ -- Neuberger Berman Group LLC, one of the world's leading employee-controlled investment managers, concluded its annual "Celebration with Service" program having notched its highest ever number of volunteers, service hours and global projects. The community service initiative in late April and early May included more than 1,160 Neuberger Berman volunteers devoting over 3,200 hours from 90+ projects globally in cities including Boston, New York, Chicago, Dallas, Wilmington, Del., London, Los Angeles, Hong Kong, Singapore, Shanghai, Taipei and Tokyo.

Celebration with Service is a key component of Neuberger Berman's signature philanthropic program, NB Impacts, which brings together all the resources of the firmemployee engagement, employee leadership and financial contributionsto meet critical community needs. Over the past three years, NB Impacts has engaged more than 4,500 volunteers globally who have worked with more than 5,000 youth, reached 800 seniors and spent nearly 2,000 hours sprucing up parks and community spaces. The Neuberger Berman Foundation, a cornerstone of NB Impacts, makes grants in support of organizations that provide academic enrichment, job readiness and college preparedness programs for at-risk children and youth.

Of the more than 90 projects occurring globally this year, select highlights include:

  • This year's marquee event featured Neuberger Berman volunteers working alongside local youth, through New York Cares, to beautify and revitalize the Bronx River Community Center at the New York City Housing Authority's Bronx River Houses.
  • Volunteers in Chicago worked with Special Olympics Athletes to help them prepare for competition and help students from Teen Living hone their interviewing skills.
  • In Dallas, employees undertook several projects, serving meals with Stewpot, gardening at Stonewall Gardens and working with children at Vogel Alcove.
  • Partnering with Changing Young Lives, volunteers in Hong Kong worked with children to create paintings for their learning center.
  • Working with American Red Cross, volunteers in Los Angeles registered blood donors.
  • In Melbourne, volunteers prepared meals for the homeless and hungry with FareShare.
  • In Tokyo, projects included cleaning a local beach and a hospital serving young children.
  • In Singapore, volunteers helped individuals make flowers for Mother's Day.

For information on the Neuberger Berman Foundation and Celebration with Service, please visit https://www.nb.com/corporate_social_responsibility/.

About Neuberger Berman

Neuberger Berman is a 75-year-old private, independent, employee-controlled investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions, advisors and individuals worldwide. With offices in 16 countries, Neuberger Berman's team is approximately 2,000 professionals and the company was named by Pensions & Investments as a 2013 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $247 billion in client assets as of March 31, 2014. For more information, please visit our website at www.nb.com.

All information is as of March 31, 2014, unless otherwise indicated and is subject to change without notice. Firm data, including employee and assets under management figures, reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC. Firm history dates back to the 1939 founding of Neuberger & Berman (the predecessor to Neuberger Berman LLC). 

This material has been issued for use by the following entities; in the U.S. and Canada by Neuberger Berman LLC, a U.S. registered investment advisor and broker-dealer and member FINRA/SIPC; in Europe, Latin America and the Middle East by Neuberger Berman Europe Limited, which is authorised and regulated by the UK Financial Conduct Authority and is registered in England and Wales, Lansdowne House, 57 Berkeley Square, London, W1J 6ER, and is also regulated by the Dubai Financial Services Authority as a Representative Office; in Australia by Neuberger Berman Australia Pty Ltd (ACN 146 033 801, AFS Licence No. 391401), which is licensed and regulated by the Australian Securities and Investments Commission to deal in, and to provide financial product advice for, certain financial products to wholesale clients; in Hong Kong by Neuberger Berman Asia Limited, which is licensed and regulated by the Hong Kong Securities and Futures Commission; in Singapore by Neuberger Berman Singapore Pte. Limited (Company No. 200821844K), which currently carries out the regulated activity of fund management under the Securities and Futures Act (Chapter 289) ("SFA") and operates as an Exempt Financial Adviser under section 23(1)(d) the Financial Advisers Act (Chapter 110) ("FAA") of Singapore; in Taiwan to specific professional investors or financial institutions for internal use only by Neuberger Berman Taiwan Limited, which is licensed and regulated by the Financial Services Commission ("FSC") and  a separate entity and independently operated business, with FSC operating license no.:(102) FSC SICE no.011, and address at: 10F, No. 1, Songzhi Road, Taipei, Telephone number: (02) 87268280; and in Japan and Korea by Neuberger Berman East Asia Limited, which is authorized and regulated by the Financial Services Agency of Japan and the Financial Services Commission of Republic of Korea, respectively (please visit http://www.nb.com/japan/risk_eng.html for additional disclosure items required under the Financial Instruments and Exchange Act of Japan). Except for the foregoing, this material is not intended for use or distribution within or aimed at the residents of any other country or jurisdiction. This document is not an advertisement and is not intended for public use or additional distribution in the following jurisdictions: Brunei, Thailand, Malaysia and China.

The "Neuberger Berman" name and logo are registered service marks of Neuberger Berman Group LLC. © 2014 Neuberger Berman Group LLC. All rights reserved.

Media Contact:
Alexander Samuelson, Neuberger Berman, 212.476.5392, Alexander.Samuelson@nb.com
Anji Stewart, Neuberger Berman, +44 (0)20 3214 9013, Anji.Stewart@nb.com

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SOURCE Neuberger Berman



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